TransAlta hit a roadblock when ICE announced significant changes to the ICE Trade Capture API. To maintain trade data automation, the company had to make technical changes within a short timeframe which would entail high risk and disrupt their day-to-day processes.

With this, TransAlta also had various other limitations like limited personnel and executive sponsorship to come to a consensus to decide between upgrading the CTRM platform or seeking third-party operational support of integration and testing within the limited timeframe. To achieve the desired results without disrupting business operations, Value Creed implemented BroadPeak’s K3 in 6 weeks.

KEY RESULTS

Met critical deadlines without any disruptions in daily operations

Successfully met critical deadlines while maintaining seamless daily operations

Full transparency and control over
trade data

Gain complete visibility and control over all your trade data for smarter decision-making

Streamlining processes to maximize productivity and reduce waste

Streamlining processes to maximize productivity and reduce waste.

VIDEO

Watch our Webinar on BroadPeak’s K3 integration for TransAlta

Strategic Approach to Project Success

Value Creed’s approach centered on leveraging its familiarity with TransAlta’s operations to quickly implement BroadPeak’s K3. This strategic solution ensured seamless data integration, met critical deadlines, and maintained uninterrupted business processes within a tight timeframe.

Expertise On Demand

Process Insight
Value Creed was already providing Managed Services to TransAlta because of which we were familiar with their current business processes. This helped us to strategize a solution and create a roadmap for the implementation of K3.

Effortless Connectivity
During the process, Value Creed and BroadPeak’s team found additional operational improvements to implement for increased efficiencies. The collaborative approach of the teams enabled the setting up of a new data feed with no technical changes which avoided business disruptions and connected to exchanges with just a few clicks.

Accelerated Testing Workflow
Our experts mapped ICE products in K3 to CTRM data standard and ran various tests to ensure the correct valuation of each trade type. Since there was a limited timeframe, our team executed parallel testing against the production to validate the integration features.

Value Creed Services Mobilized

Expertise on Demand

Unlock operational efficiency and reliability with Value Creed’s services. Optimize performance with fast, accurate data extraction, reconciliation, calculation, and reporting.

Key Takeaways

A collaborative effort of Value Creed with BroadPeak’s K3 team met a tight technical deadline without disrupting business. Value Creed crafted a solution and designed a roadmap for implementation. Since our team has a deep understanding of TransAlta’s CTRM software, the integration with BroadPeak’s K3 solution was carried out without any issues. The expanded implementation of K3 by Value Creed helped TransAlta rely on critical connections to the derivatives market confidently, gain full transparency and control over trade data, and increase operational efficiencies to maximize the ROI of their software investments.

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+1 (833)-282-7333 | info@valuecreed.com

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Get In Touch

+1 (833)-282-7333 | info@valuecreed.com

By calling or texting this number (833) 282-7333, Customers agree to receive text messages. If you no longer wish to receive text messages,
you may opt out at any time by replying “STOP.”

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How TransAlta Overcame Data Integration Challenges with 100% On-Time Delivery

Performance Challenge

KEY RESULTS

Met critical deadlines without any disruptions in daily operations

Full transparency and control over trade data

Streamlining processes to maximize productivity and reduce waste

Watch our Webinar on BroadPeak’s K3 integration for TransAlta

Strategic Approach to Project Success

Expertise On Demand

Value Creed Services Mobilized

Expertise on Demand

Key Takeaways

Recommended Resources

Ready to get started?

Full transparency and control over
trade data